The 21st meeting of the OECD Global Forum on Competition took place on-site and virtually on 1-2 December 2022. Discussions topics and key materials:
DAY 1 SESSIONS
Introductory Remarks by Carmine Di Noia, Director, Directorate for Financial and Enterprise Affairs, OECD
Opening Remarks by Mathias Cormann, OECD Secretary General
Keynote address by Margrethe Vestager, Executive Vice-President for A Europe Fit for the Digital Age and Competition, European Commission
Special remarks by Rebeca Grynspan, Secretary-General, UNCTAD
Introductory comments by Frédéric Jenny, Chair, OECD Competition Committee
Webcast of the Opening and Session 1 of the Forum
In December 2022, the OECD Global Forum on Competition questioned whether competition law and policy needs to adapt as a policy instrument to better accommodate socio-economic trends such as the rising importance of sustainability. Is the current consumer welfare focus sufficient? Is the instrument of competition law enforcement still effective or does it need to be complemented by other instruments, or new legislation?
More information and materials here.
The number of subsidy measures implemented worldwide has in the recent years been steadily increasing. This may be a result of several factors, including recent developments that have required, and will continue to require, government intervention, such as the COVID-19 recovery, climate change, fragile and disrupted global value chains and the digital transformation.
Against this background, in December 2022 the Global Forum on Competition held a roundtable discussion on the extent to which, and how, subsidies should be part of the competition analysis of competition authorities.
More information here.
DAY 2 SESSION
The roundtable discussed how competition authorities and sector regulators co-operate formally and in practice, focusing on enforcement cases (mergers and antitrust). While in some cases co-operation tools are envisaged in legislation, formal agreements (such as Memoranda of Understanding) between competition authorities and sector regulators are common in many jurisdictions. In addition, informal co-operation is also common and can pave the way for more formal co-operation
All materials related to the breakout sessions including contributions by delegations and presentations are available here.
Significant market distortions may arise when some enterprises benefit from undue competitive advantages conferred by state actions, for example on the basis of their ownership, nationality or their activity in the market. These distortions can prevent competition from reaching its potential for economic growth, productivity and innovation.
This session featured a roundtable discussion to introduce the concept of competitive neutrality, explored how authorities around the world have promoted competitive neutrality, and highlighted the recently-adopted OECD Recommendation of the Council on Competitive Neutrality.
All materials including contributions by delegations and presentations are available here.
Other business and proposals for future work